NYMEX Natural Gas Futures Contract Settlements Prompt month Apr23 +US$0.016/MMBtu at $2.747. Summer 23 +$0.018 on average, Winter 23 +$0.038.
Market Fundamentals Prices looked to be on a downward trend early in the day, but rebounded from a low of $2.568. Cold weather forecasts continue to be confirmed in the 11 to 15-day period that would be similar to early February cold shot temperatures. The projected increase in demand with the return of LNG feedgas demand will help to tighten the market and shift storage inventory balances closer to the five-year average. ~CL